Bitcoin Shows Resilience in 2024 Amid Geopolitical Uncertainty
Bitcoin has turned positive for 2024, defying traditional market trends as geopolitical tensions rise. The cryptocurrency’s recent gains highlight its growing divergence from conventional risk assets like equities and gold, reinforcing its appeal as a hedge in turbulent times.
Bitcoin Turns Positive for 2024 Amid Geopolitical Tensions
Bitcoin edged higher Monday, gaining 0.75% to flip year-to-date returns positive as traditional risk assets faltered. The CoinDesk 20 Index ROSE 2.2%, showcasing crypto’s divergence from equities and gold.
Geopolitical friction between India and Pakistan compounded existing trade tensions, challenging the perceived stability of dollar-denominated assets. Gold retreated 1% from its 25% annual rally as investors took profits.
MicroStrategy Doubles Down on Bitcoin with $1.4 Billion Purchase
MicroStrategy, led by Bitcoin evangelist Michael Saylor, has added 15,355 BTC to its treasury—a $1.42 billion bet executed at an average price of $92,737 per coin. The acquisition brings the company’s total holdings to 553,555 BTC, acquired at an aggregate cost of $37.9 billion.
The move comes amid turbulent market conditions, underscoring the firm’s conviction in Bitcoin as a long-term store of value. MicroStrategy now boasts a 13.7% yield on its Bitcoin position year-to-date, outperforming traditional asset classes.
Coinbase Launches Bitcoin Yield Fund for Institutions
Coinbase Asset Management will debut its Bitcoin Yield Fund on May 1, targeting institutional investors outside the U.S. The fund aims to deliver an annual net yield of 4%-8%, with returns paid in Bitcoin. A basis trading strategy between spot and perpetual futures markets underpins the product’s yield generation.
Aspen Digital has committed as a seed investor, signaling robust institutional demand for Bitcoin-based yield products. The launch reflects growing sophistication in cryptocurrency investment vehicles as traditional finance seeks exposure to digital asset returns.
Strategy Amasses 15,355 BTC with 13.7% Yield in 2025
Strategy has aggressively expanded its Bitcoin holdings, acquiring 15,355 BTC at an average price of $92,737 per coin—totaling $1.42 billion as of April 27, 2025. The position has already generated a 13.7% yield year-to-date, underscoring Bitcoin’s resilience as a high-performing asset.
The firm’s total BTC reserves now stand at 553,555 coins, valued at $37.90 billion, with an average entry price of $68,459. This accumulation reflects deepening institutional conviction in Bitcoin’s long-term value proposition amid evolving macroeconomic conditions.
MicroStrategy Bolsters Bitcoin Holdings with $1.42B Purchase
MicroStrategy (MSTR) has expanded its Bitcoin treasury by 15,355 BTC in a $1.42 billion acquisition, paying an average of $92,737 per coin. The business intelligence firm now holds 553,555 BTC—worth over $52 billion at current prices—with an average cost basis of $64,459 per Bitcoin.
The latest purchase was financed through capital raised from equity offerings, including $4 million in Class A common stock and 435,000 preferred shares. MSTR shares gained 1.5% in pre-market trading as Bitcoin climbed modestly from Friday’s levels.
Standard Chartered Predicts Bitcoin to Reach $120K in Q2, $200K by 2025
Bitcoin is poised to hit a new all-time high of $120,000 this quarter, according to Standard Chartered’s Geoff Kendrick. The forecast comes as investors potentially shift strategic allocations away from U.S. assets, with the cryptocurrency trading around $95,300 at press time.
Kendrick’s analysis highlights a 12-year high in the U.S. Treasury term premium—a metric closely correlated with Bitcoin’s price trajectory. Whale accumulation patterns and time-of-day trading data further suggest growing interest in non-U.S. asset exposure among American investors.
Recent ETF flows indicate a notable trend: "safe-haven reallocation from gold into BTC." The report reaffirms Standard Chartered’s year-end 2025 target of $200,000 for the dominant cryptocurrency.
